Monday, July 29, 2013

Wall Street is expecting higher profit for DreamWorks Animation DWA -0.72% when the company reports its second quarter results on Wednesday, July 31, 2013. The consensus estimate is calling for profit of 20 cents a share, a rise from 15 cents per share a year ago.

The consensus estimate has risen from 10 cents over the past three months. Analysts are expecting earnings of 74 cents per share for the fiscal year. Revenue is projected to be $189.7 million for the quarter, 17% above the year-earlier total of $162.8 million. For the year, revenue is expected to come in at $745.7 million. ...

So maybe restructuring and broadening the business model is paying off. Here's hoping.

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The thoughts and observations of the leaders of The Animation Guild (TAG), Local 839 IATSE. Jason MacLeod is the Business Representative, KC Johnson is the President. Mike Sauer is Assistant to the Business Representative.

This weblog reflects their individual personal opinions and does not necessarily represent the official position of the Animation Guild.

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